One of the most effective tactics for fighting poverty — and the hopelessness it engenders — is helping people start their own businesses. Not only does self-employment set a person free from the captivity of dependence and give them hope for the future, but it also fuels the engines of local and national economies. The article excerpted below says that if just 1 in 3 small businesses hired one employee, the United States would be at full employment. By mentoring others into entrepreneurship, Christian business owners can start a life-giving river flowing into entire communities.
Henry Rock, executive director of City Startup Labs, writes for the Christian Science Monitor about their Entrepreneur’s Academy:
Lawrence Carpenter knew he always had an entrepreneurial spirit, but he was in the wrong business – the business of selling drugs.
After his second stint in prison, it became clear to him: “I made mistakes in my life, and I didn’t want to spend the rest of my life in poverty because of those mistakes. I also knew that I had a criminal record, and looking at things realistically, it was going to be pretty difficult finding a job anywhere. I didn’t want to use that as an excuse. I knew that in order for me to realize the goals I had financially, my only option was to start my own business and create my own market.”
The Durham, N.C. native set about the task of starting Super Clean Professional Janitorial Services, a commercial cleaning service. “I wanted something that would get me as far away from the streets as possible, but where there wouldn’t be a limit or a cap on how much money I could make.” Now the sky seems to be the limit for Mr. Carpenter, as Super Clean is generating more than $2.5 million in sales per year and employs more than 70 full and part-time employees.
It’s the Lawrence Carpenters that organizations like ours – City Startup Labs – want to motivate, train, and deploy in inner cities around the country. This new non-profit was created to take at-risk young African American men, including ex-offenders, and teach them entrepreneurship, while creating a new set of role models and small business ambassadors along the way. City Startup Labs contends that an alternative education that prepares these young men to launch their own businesses can have far more impact with this population than other traditional forms of job readiness or workforce training.
Today’s economic climate allows employers their pick of candidates, leaving few options for anyone with a record. Young black men, who’ve had no brushes with the law, still routinely face real barriers in getting on a job ladder’s lowest rung.
According to a 2005 Princeton study, “Discrimination in Low Wage Labor Markets,” young white high school graduates were nearly twice as likely to receive positive responses from employers as equally qualified black job seekers. Even without criminal records, black applicants had low rates of positive responses – about the same as the response rate for white applicants with criminal records.
This is where entrepreneurship comes in. For example, a report done by the Justice Policy Institute states that, “…recidivism is higher for those persons who are unable to obtain employment after leaving prison and imposes a high cost on society; and yet employment opportunities are especially limited for ex-convicts. Thus self-employment would be a viable alternative for ex-offenders, at least for those with above average entrepreneurial aptitude…”
Read the full text of this excellent article by clicking here.
Learn more about City Startup Labs by clicking here.
via Rudy Carrasco at UrbanOnramps